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Council approves plan of finance and authorizations for up to $150 million in airport bonds to fund Pensacola International Airport improvements
Summary
The City Council adopted a series of resolutions authorizing a bond issuance of up to $150,000,000 to finance FY25 capital projects at Pensacola International Airport, including terminal improvements and other airfield work; votes passed without opposition.
The Pensacola City Council on Sept. 11 adopted a package of resolutions authorizing the issuance of airport revenue bonds in an aggregate par amount not to exceed $150,000,000 to finance improvements at Pensacola International Airport.
Resolutions approved included an amendment and restatement of the airport master bond resolution and authorizations for issuance, plan of finance and negotiated sale delegations to the mayor. City staff and…
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